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Chinese EV Ride-Hailing Service Provider Said to Mull $1 Billion U.S. SPAC Deal

Retrieved on: 
Monday, November 22, 2021

BMKP is one of the few top service providers with 252 ride-hailing service licenses in China.

Key Points: 
  • BMKP is one of the few top service providers with 252 ride-hailing service licenses in China.
  • The company is headquartered in Wuhan, a central city in China, and its business segments include intra-city and inter-city ride-hailing.
  • BMKP will become the second Chinese ride-hailing service provider to land on the U.S. stock market after Didi if the process goes smoothly.
  • Throughout 2020, the U.S. stock market has completed a total of 237 SPAC IPO projects, raising a record amount of US$83.3 billion.